Genesis Healthcare (NYSE:GEN) Releases Quarterly Earnings Results, Beats Estimates By $0.49 EPS

Genesis Healthcare (NYSE:GEN) issued its quarterly earnings results on Thursday. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.49, Fidelity Earnings reports. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion.

Shares of GEN stock traded up $0.04 during mid-day trading on Friday, hitting $1.54. 250,507 shares of the stock traded hands, compared to its average volume of 214,777. Genesis Healthcare has a twelve month low of $0.92 and a twelve month high of $1.74. The firm has a market cap of $230.69 million, a price-to-earnings ratio of -0.99 and a beta of 0.93. The company’s 50-day simple moving average is $1.31 and its 200-day simple moving average is $1.23.

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About Genesis Healthcare

Genesis Healthcare, Inc, together with its subsidiaries, owns and operates skilled nursing facilities and assisted/senior living facilities in the United States. The company operates through three segments: Inpatient Services, Rehabilitation Therapy Services, and All Other Services. It also provides a range of rehabilitation therapy services, including speech-language pathology, physical therapy, occupational therapy, and respiratory therapy.

Further Reading: Hold Rating

Earnings History for Genesis Healthcare (NYSE:GEN)

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